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Author Question: The use of large amounts of labor relative to capital in an economy indicates: a. labor-intensive ... (Read 55 times)

jCorn1234

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on: Jun 30, 2018
The use of large amounts of labor relative to capital in an economy indicates:
 a. labor-intensive production.
 b. capital-intensive production.
 c. that wage rates will be relatively high.
 d. that hand-made goods are of better quality than machine-made goods.

Question 2

Private saving equals:
 a. Y - C - T + TR
  b. Y + C + T + TR
  c. Y + C + T - TR
  d. Y + C - T - TR


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shaikhs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


jCorn1234

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Reply 2 on: Jun 30, 2018
Excellent

softEldritch

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Reply 3 on: Yesterday
:D TYSM

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